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Project Rainbow Topco Limited

12970454

active
Private Limited Company
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 8 outstanding charges (-10)

Details

THE HAMLET, HARROGATE, HG2 8RE
Incorporated 23/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Andrew Derek Ball

director · Since 04/11/2020

PARTNER AND CHIEF INVESTMENT OFFICER

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mr Mark James Wasley

director · Since 11/11/2024

DIRECTOR AND CHAIRMAN

BRITISH · ENGLAND · Age 49

Also on 11 other boards

Mrs Charlotte Louise Marchant

director · Since 03/05/2026

BRITISH · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Former PSCs

Inhoco Formations Limited

Ceased 04/11/2020

Charges8 outstanding

Charge
outstanding

NORTHEDGE CAPITAL LLP AS SECURITY AGENT

Created 16/02/2026Registered 18/02/2026
Charge
outstanding

NORTHEDGE CAPITAL LLP (AS SECURITY AGENT)

Created 22/07/2025Registered 22/07/2025
Charge
outstanding

NORTHEDGE CAPITAL LLP AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 24/07/2024Registered 25/07/2024
Charge
outstanding

NORTHEDGE CAPITAL LLP AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 18/08/2023Registered 18/08/2023
Charge
outstanding

NORTHEDGE CAPITAL LLP AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 21/02/2023Registered 22/02/2023
Charge
outstanding

NORTHEDGE CAPITAL LLP (ACTING AS SECURITY AGENT)

Created 27/05/2022Registered 30/05/2022
Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 10/11/2020Registered 13/11/2020
Charge
outstanding

NORTHEDGE CAPITAL LLP (ACTING AS SECURITY AGENT)

Created 10/11/2020Registered 11/11/2020

CompanyRankvs 15472+ SIC 64209 peers
41

Financial strength84th percentile among SIC peers · 21/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.95× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's and the Parent Company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/09/2024

Net Worth

£710k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£710k

Working capital

Current Assets

£1.5M

Current Liabilities

£750k

Fixed Assets

£1

Debtors

£1.5M

Profit After Tax

-£79k

0avg. employees-50

Balance Sheet

Assets less current liabilities£710k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.95-£225k
20233.03+£665k
20214.23

Derived from filed accounts. Not audited figures.